Old naira banknotes to remain legal tender – CBN

The Central Bank of Nigeria (CBN) on Tuesday said it had extended the legal tender status deadline of the old design of N200, N500 and N1,000 bank notes.

In a statement on Tuesday signed by its Director, Corporation Communications, Isa AbdulMumin, the bank said the notes remain legal tender ad infinitum.

“Please recall that the Central Bank of Nigeria introduced the redesign of N200, N500 and N1,000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders.